Turkiye is eyeing completion of a US$1 billion clean energy investment agreement with UAE-based renewable major Masdar, focused on developing a 1,100 MW solar power plant with energy storage in the Bor district of Nigde Province.
Energy and Natural Resources Minister Alparslan Bayraktar confirmed that the project has reached its “final stage” during a meeting with Masdar CEO Mohamed Al Ramahi in Ankara. The deal would mark one of Turkiye’s largest single renewable investments to date and comes as part of the nation’s drive toward its net-zero 2053 goals.
The project combines solar PV generation with battery and pumped-storage hydroelectric capacity. Discussions are also underway for broader cooperation between the two countries in wind power, HVDC transmission, and renewable technology transfer.
The Nigde-Bor Solar-Storage Project Factsheet
Capacity: 1,100 MW solar PV plus battery energy storage component
Estimated Investment: Approximately US$1 billion
Location: Bor district, Nigde Province, Central Turkiye
Developer: UAE’s Masdar in partnership with Turkiye’s Ministry of Energy
Technology Use: Solar PV, battery storage, and pumped-storage hydro
Policy Impact: Supports Turkiye’s 2053 Net-Zero Vision and renewable expansion under the YEKA program
The Nigde-Bor Solar-Storage Project Timeline
2022: Turkiye’s YEKA-GES4 framework established. Nigde-Bor area also earmarked for large-scale solar projects.
March 2023: Ecogreen Energy and GE sign a deal for the 130 MWp solar project in the same region.
October 2025: Minister Bayraktar announces that Turkiye and Masdar have reached final stage of the $1 billion Nigde-Bor solar-storage deal.
2026 Onward: Financial close and start of construction expected.
Market and Regional Impact of the US$1 Billion UAE-Turkiye Clean Energy Investment
The US$1 billion, 1,100 MW solar energy investment in Nigde-Bor adds more than 1 GW of clean capacity to Turkiye’s grid. The deal also marks a major step toward balancing growing demand and reducing carbon emissions.
Additionally, other than reinforcing UAE-Turkiye strategic energy relations, the deal also continues to position Turkiye as a regional hub for renewable energy investment especially from Gulf- based investors.
The Nigde-Bor solar-storage deal also continues to expand Masdar’s footprint in the Eastern Mediterranean market. The billion-dollar investment also comes as Masdar partners with ENGIE for the 1.5 GW Khazna Solar PV project in Abu Dhabi.
